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20121120
Search Results 0 to 18 of about 19 (some duplicates have been removed)
closing loopholes. that is a reputation of what john boehner suggested in the days since the president has been re-elected. >> that's totally right. a key point, the simpson-bowles tax idea is kind of a magic pony, right. everyone agrees in the ab instruct, we can bring down the rates, close loopholes and deductions and raise revenue. if that's such a wonderful idea how come it's only come up now. how come no one has done it. the reason is because it's really, really hard politically. once you get into the specifics. if you're trying to tie all the revenue to this abstract tax reform idea you're going to get into a position where the revenue is about never going to happen because once you get into reality it doesn't materialize. >> you have to do both, john. you have to do -- you have to raise the the rates and close loopholes to get the amount -- >> just raise the rates. >> you can't raise the rates high enough to produce $1.6 trillion. >> you can get $900 billion from expiring the bush tax cuts. >> and where do you get the other $700 billion from from. >> do a little reform and cut the r
they already agreed to that. i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration. >> let me turn to senator schumer on this point. >> so you have to approach both sides of it. >> let me turn to senator schumer. i'm going to ask you the same question. if the mandate is compromised, what do democrats have to be prepared to accept as a painful outcome in order to achieve compromise? >> well, i agree with you, the mandate is compromise. that's why we have a divided house and senate. and i think if the house stands for anything it's cut government spending, as tom coburn said, and i think we're going to have to do more of it. we heard the mandate in 2010, where i
that is on the table for democrats and republicans and that is the president and speaker of the house, john boehner and how they are going about this discussion as far as the bush tax cuts and america's sort of fiscal future. now, mark, i'm curious to hear your thoughts on this. first play sound from president obama and john boehner yesterday talking about doing the delicate dance of revenue raraisers. >> i'm not going to extend tax cuts for the wealthiest 2%. how you make up the trillion dollars just by closing loopholes and deductions, the math tends not work. >> i've outlined a framework how both parties can work together to avert the fiscal cliff without raising tax rates. ways to put revenue on the table without increasing tax rates. >> mark a baby version of the themes we've talked about before, which is to say you have a hard line part of the republican party then the deal making part of the republican party and the democrats. how do you think this turns out? can john boehner, do you think john boehner can corral or quiet the more radical elements of the republican party to come to the table
directly at odds with house speaker john boehner. >> could you accept a deal that does not include tax rate increases for the wealthy? we've seen talk about a possible compromise that could leave rates the same but cap deductions for high-income earners. is that something that's acceptable? >> no. >> not at all no, way? >> no. the preponderance made it very clear in his campaign that there are not enough -- what you just described is a formula and a blueprint for hampering our future. you cannot go forward -- you have to cut some investments. if you cut too many you are hampering growth, you're hampering education, investments for the future. >> and even thousands of miles away it appears president obama is still focused on those negotiations. while touring a royal monastery with secretary of state clinton in thailand the president was overheard mentioning the budget talks to a monk. the president later clarified his comments -- >> he's not any monk. >> no. >> he has some big i vestments in the stock market. >> he later clarified his comments at a news conference. >> yes, we were working on
is there to do? the signals from john boehner, the speaker of the house, are that he's got some more leverage with his republican caucus than he had back in the day, and that there is talk of coming up with more revenue. maybe not calling it a tax increase, not a rate increase, but finding some way to raise some more money. >> right. you know, andrea, i hate to sound an optimistic note when it comes to politics, but i do think the signals coming out of john boehner's sort of world, and out of president obama's statement last week is that there can be some common ground here, that president obama, i think, clearly has some leverage due to what happened in the, in his own race, as well as at the senate level. so i think he has that. and then john boehner, i think a little bit more questionable in how much more leverage he has within his own caucus, but we shall see. if both of them can sort of say, look, let's do this, this is important to the country, let's move on, we can disagree about lots of other things, but we're going to compromise and move forward. whether that compromise is not raisin
. senate majority leader reid said they would work to come up with a deal deal. house speaker john boehner says house speaker john boehner says he thinks they will have a solution before the end of the year. >>> and there are new details about the woman, jill kelley, at the center of the scandal that brought down general petraeus. as nbc's andrea mitchell reports jill kelley's connections went beyond the social elite and tampa, all the way to the white house. >> reporter: jill kelley and her twin sister met at the white house, touring it on november fourth november 4th, two days be general james november 4th, two days before general james clapper, the director of national intelligence was even told about the petraeus scandal. jill kelley mentioned the visit in an e-mail, saying i was at the white house with my friends in the administration this weekend. the stress was surreal. white house officials say the jill kelley sisters were invited by a staffer who may have met at the air force base. jill kelley was bipartisan in her outreach, she and her sister dropped in on a fundraiser for marco
would be willing to accept and double the amount that speaker boehner had offered the president during their debt negotiations last year. today the president is scheduled to meet with ceos from a dozen companies. there's some of them on your screen. general electric, ford, ibm all playing a part. they'll discuss ways to work together and try to find a balanced approach to reducing the deficit. during a closed-door meeting yesterday with union leaders and liberal supporters, president obama reportedly vowed that he would, quote, not budge when it comes to letting the bush tax cuts expire for the country's highest earners. labor leader and president of the afl-cio, richard trumka, was among those at the white house meeting. he said he and the president are on the same page. >> we're very, very committed to making sure that the middle class and workers don't end up paying the tab for a party that we didn't get to go to. the president led with that notion of protecting the middle class, and now you have republicans that have it in their power, they could sign a bill tomorrow that protects
and the ongoing relationship with boehner and mcconnell because he's going to have to be a different kind of leader with them. he talked about it in the press conference a bit the other day. he needs to reach out to them the way he's reached out to people on staten island and dealt with the two governors, christie and cuomo, who are two pretty demanding guys as well. and based on their public and private comments have been very happy with the president's leadership and his government. >> i just wonder if it's fair to make a parallel when you look at the president's response to sandy which has had and continues to have just devastating effects on the economy for businesses and the reaction to the bp oil spill which seemed slow in coming because that was devastating as well to a different part of the country. >> he certainly was. he was very slow to respond to people in the gulf coast. >> in terms of appearances. >> i think things have changed, though, over the past couple years. and i suspect that, you know, even the president's closest allies will say that it was a very hard adjustment go
Search Results 0 to 18 of about 19 (some duplicates have been removed)

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